WSU GPSA Review of Washington Initiatives, 2024
Legislative Affairs Committee Members: Shah Alam, Edmund Larbi Afari, Malachi Chukwu, Aichatou Djibo Waziri, Arpita Sinha, Charles Egede Ugwu, Tathagata Pal (Chair)
What is a Washington state initiative?
“If Washingtonians are dissatisfied with certain laws or feel new laws are needed, they can petition to place proposed legislation on the ballot. The process is termed INITIATIVE because the electorate can initiate legislation. The electorate can either place a proposition directly on the ballot or it can submit the proposed law to the Legislature at the regular legislative session allowing the elected representatives an opportunity to enact the proposed legislation themselves instead of placing the matter on the ballot.”
What are the Initiatives on the ballot in 2024?
There are four initiatives on the ballot for 2024: Initiative No. 2066, Initiative No. 2109, Initiative No. 2117, and Initiative No. 2124
Below are a brief unbiased summary of each Initiative
Initiative 2066
What Does It Do?
Initiative 2066 primarily addresses the role of natural gas in energy use, heating, and building regulations across Washington State. The initiative ensures that cities, towns, and counties cannot prohibit or penalize the use of natural gas for heating, appliances, or other purposes in residential or commercial buildings. Additionally, it introduces several requirements for utilities to develop integrated system plans, focusing on energy efficiency, reliability, and emissions reduction while also protecting consumers' access to natural gas services.
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How Will It Affect WSU Students?
Initiative 2109
What Does It Do?
The State of Washington imposes various taxes to raise revenue to fund state government. Those taxes include the retail sales tax, the business and occupation tax, the state property tax, and various other state taxes. In 2021, the Legislature passed a law creating a tax on the sale or exchange of certain long-term capital assets, commonly referred to as a “capital gains tax.” The capital gains tax applies to only some types of capital assets held for longer than a year, such as stocks, bonds, precious metals, or artwork. The first $500 million collected from the capital gains tax each year is deposited into the education legacy trust account, which supports K-12 education, expands access to higher education, and provides funding for early learning and childcare programs. If this initiative is approved, this measure would repeal the capital gains tax law, and Washington State would no longer impose taxes on the sale or exchange of long-term capital assets.
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How Will It Affect WSU Students?
Most of the students in the WSU system do not pay any capital gains tax as they are all students and it is highly unlikely that they have one-time income of more than $250,000 at any time during their time as student. So, even this tax is prevalent, it does not directly affect WSU students. But it is highly probable that removal of this tax will impact the WSU students in a negative way. A large percentage of revenue earned from the capital gains tax is invested towards higher education. If this initiative is passed, the students in WSU will lose a large amount of state money that funds a part of their education. Also, this will severely impair other basic needs support from the state like the childcare which students with kids heavily rely on.
Initiative 2117
What Does It Do?
This initiative aims to remove market-based mechanisms designed to reduce greenhouse gas emissions by directly limiting and pricing carbon emissions.
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How Will It Affect WSU Students?
Initiative 2124
What Does It Do?
This initiative seeks to give Washington State workers the ability to opt out of the government-operated long-term insurance scheme. This insurance scheme is also known as the WA cares and it is a mandatory long-term care insurance program for Washington State employees. This scheme requires most Washington State workers to pay a payroll tax of $0.58 per $100 income.
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How Will It Affect WSU Students?
If this initiative is passed, students who are employed could opt out of the WA cares payroll tax, freeing up more disposable income. However, in the long-term this could affect students who choose to opt out because they might lose the long-term benefits of WA cares in the future.
" Get clear, concise information on upcoming ballot initiatives through our summaries. Each summary covers the effect of your vote, a summary of the measure, its background, political, immediate and fiscal impacts have passed, and the key arguments for and against the initiative. make an. informed decision this election season!"
(links will open as PDF files)
Initiative 2066: Related to the Restrictions on Access to Natural Gas
Initiative 2109: Repeal Capital Gains Tax
Initiative 2117: Prohibiting All State Agencies, Counties, and Cities from Implementing Any Type of Carbon Tax Credit Trading [Repeal the Climate Commitment Act (CCA)]
Initiative 2124: Opting Out of Long-Term Services Insurance Program
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